News

AvidXchange’s Paul Cavnaugh Honored as a CIO of the Year Finalist

Jen Ittenbach

August 18, 2017

CHARLOTTE, N.C., (Aug. 18, 2017) – Paul Cavnaugh of AvidXchange™, leading fintech provider of Accounts Payable and Payment Automation for midsize companies, was honored as a finalist in the Corporate Category for the 2017 Charlotte CIO of the Year Awards at the award ceremony this morning at The Westin Charlotte. The award is the premier technology executive recognition program of its kind, which honors Chief Information Officers who have demonstrated excellence in innovation, technology leadership, business value creation, and community involvement.

About Paul Cavnaugh

Paul Cavnaugh joined Avidxchange in February 2016 as CIO. He has more than 25 years of IT experience with the past 10 in key leadership roles sponsoring, running, and delivering Global IT solutions within Fortune 200 companies. Paul has provided guidance to CEOs and senior executive management in support of business strategy, growth, turnaround office initiatives, and IT transformation. Prior to joining Avidxchange, Paul served in various leadership positions, including Global Chief Information Officer at Billabong, Senior Vice President at Velocity Solutions, and Senior Vice President at TITAN GS. His experience building IaaS, PaaS, and SaaS cloud technology solutions on a global scale across industries aligns with Avidxchange’s growth and expansion footprint.

About AvidXchange™

AvidXchange™ revolutionizes the way companies pay their bills. Serving more than 5,500 clients throughout North America, AvidXchange is an industry leader in automating invoice and payment processes for midmarket companies spanning multiple industries including Real Estate, Financial Services, Energy, and Construction. AvidXchange has been recognized as one of the 50 fastest-growing private companies in the Charlotte area for six consecutive years, ranked among Deloitte’s Fast 500 this past year, and recently was named of the top 100 technology companies in North America by Red Herring. In the midst of record growth, AvidXchange has remained true to its most valued competitive advantage—its people. AvidXchange has been recognized as one of the Best Places to Work in Charlotte for eight consecutive years. For more information, contact us at 800.560.9305 or info@avidXchange.com.